The Paycheck Protection Program (PPP) provided loans to small businesses affected by the COVID-19 pandemic. Companies with less than 500 employees, sole-proprietorships, independent contractors and self-employed individuals could qualify for these loans, according to Harvard Business School.
A report on the program analyzed by the Peter G. Peterson Foundation found the “distribution of loans across sectors didn’t mirror the distribution of job losses.” It showed restaurants and food service businesses did not receive many loans, despite suffering the highest level of job losses.
A preliminary analysis from the National Bureau of Economic Research suggests the areas most affected by economic disruption did not receive the most loans.
The Paycheck Protection Program ended on May 31, 2021. Existing borrowers may be eligible for loan forgiveness at the discretion of the lender.
PPP loans distributed in 2020 in ZIP Code 91325
| Name of Borrower | Current Approved Amount |
|---|---|
| Tim Bailey and Associates Incorporated | $503,765 |
| St. Nicholas School, Inc. | $287,110 |
| BME Bikes, LLC | $229,252 |
| Tavern Service, Inc. | $192,700 |
| St. Jacob Hospice, Inc. | $160,000 |
| North Hills Retirement Hotel, Inc. | $154,375 |
| Evening Grace Residential Facility for Elderly, LLC | $143,405 |
| Eve Lauren Corporation | $122,657 |
| Tokiwa Landscape & Designn IND | $107,500 |
| St. Nicholas Greek Orthodox Church | $74,830 |
| Babak Kosari Inc., D.P.M. | $62,500 |
| Andrew Koachan, APC, M.D. | $53,200 |
| Elevated Deck Systems, Inc. | $43,972 |
| Mike Zhou's Tickets | $39,365 |
| Evening Grace Assisted Living | $37,175 |
| Cars2cars, LLC | $35,750 |
| F&N Partners, Inc. | $35,415 |
| The Body Shop Guys, Inc. | $27,200 |
| Collision Groups of America | $23,291 |
| Pulsed Energy Technologies | $21,158 |
| Paula J. Chou | $20,833 |
| George Hawatmeh | $20,832 |
| Pourandokht Elahian Bidgoli | $20,832 |
| Pejman Azizzadeh | $20,832 |
| Juan M. Gonzalez | $20,832 |
| Ana L. Ruvalcaba | $20,832 |
| Arin Baharian | $20,832 |
| Jessica Renae Romero | $20,800 |
| John Thomas Jensen | $20,800 |
| Morteza Farzaneh Kashani | $20,657 |
| Pro Fitness, LLC | $20,500 |
| Studio Bollywood | $20,375 |
| Cesar Morales | $20,207 |
| Chantal Arslanian | $20,107 |
| Amber Erby | $19,230 |
| Diane Kimbrough | $18,500 |
| Jose E. Chicas | $18,080 |
| India Sweets & Groceries, Inc. | $17,917 |
| L Media Strategy Corporation | $15,000 |
| John Jarrous | $13,339 |
| Molai Real Estate | $11,627 |
| MSM Food, Inc. | $10,500 |
| Golnaz Kamali | $10,125 |
| Vice Chief, LLC | $10,000 |
| Advance Tax Solutions | $9,538 |
| M&I Electric Company, Inc. | $9,479 |
| On-Site Repair, Inc. | $9,405 |
| Collin O'Mara-green | $9,333 |
| Israel Cruz | $8,630 |
| Tavern Beverage Refrigeration | $7,647 |
| Joseph Youssefia | $7,500 |
| RLB Enterprise, Laura Boles Et AL | $6,270 |
| Lee's Liquor the Vine Center, Inc. | $6,000 |
| Bright Start Daycare | $5,968 |
| Anna Krendel Teaching | $5,894 |
| Duey Consulting | $4,512 |
| Therese Awedissian | $2,820 |
| Annmarie Baranik | $2,400 |
| Isikhuemen Erewele | $2,400 |
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